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Bitcoin => Bitcoin Discussion => Topic started by: Yankee (BitInstant) on March 16, 2012, 05:07:02 PM



Title: PayPal ‘Optimistic’ It Will Get A Domestic Payment License in China
Post by: Yankee (BitInstant) on March 16, 2012, 05:07:02 PM
http://techcrunch.com/2012/03/16/here-today-china-tomorrow-paypal-optimistic-it-will-get-a-domestic-payment-license/

Quote
The company says it is “cautiously optimistic” that it will become the first non-Chinese company to get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

I'm not sure how this will work. Currently, Chinas largest paypal-like company Alipay offers a no chargeback merchant account

Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%


Title: Re: PayPal ‘Optimistic’ It Will Get A Domestic Payment License in China
Post by: Nicolai Larsen on March 16, 2012, 05:09:37 PM


Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

People who fall for Paypal's lovely charm?


Title: Re: PayPal ‘Optimistic’ It Will Get A Domestic Payment License in China
Post by: MacRohard on March 16, 2012, 05:15:24 PM
http://techcrunch.com/2012/03/16/here-today-china-tomorrow-paypal-optimistic-it-will-get-a-domestic-payment-license/

Quote
The company says it is “cautiously optimistic” that it will become the first non-Chinese company to get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

I'm not sure how this will work. Currently, Chinas largest paypal-like company Alipay offers a no chargeback merchant account

Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

Most likely so that they can accept payments from Americans and Europeans...


Title: Re: PayPal ‘Optimistic’ It Will Get A Domestic Payment License in China
Post by: Yankee (BitInstant) on March 16, 2012, 05:23:34 PM
http://techcrunch.com/2012/03/16/here-today-china-tomorrow-paypal-optimistic-it-will-get-a-domestic-payment-license/

Quote
The company says it is “cautiously optimistic” that it will become the first non-Chinese company to get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.

I'm not sure how this will work. Currently, Chinas largest paypal-like company Alipay offers a no chargeback merchant account

Why would merchants want to use a chargebackable (is that even a word?) company that charges crazy %%%%%%

Most likely so that they can accept payments from Americans and Europeans...

They can already do that

Quote
get a license to process domestic electronic payments — both online and via mobile devices. This would be in addition to a business it already has in the country to process international payments.